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Business sentiment remained low in January, Central Bank finds

Fewer loans subject to moratoria The monthly update also reported that the value of loans subject to a moratorium as of the end of December edged down to €748.7 million, equivalent to 6.4 per cent of related outstanding loans.  Loan moratoria offers were introduced last year by banks to local residents and business owners, as part of efforts to limit the economic impact of pandemic-caused economic slowdown.  The reduced overall value of loans subject to moratoria is a sign that some businesses and households have resumed their loan repayments, thus signaling a recovery in income flows.  By the end of 2020, 537 facilities for working capital purposes had been granted under the Malta Development Bank COVID-19 Guarantee Scheme to businesses impacted by the pandemic, corresponding to total sanctioned amounts of €408.1 million, equivalent to more than half of the scheme’s target size.

COVID vaccines to be deployed to Caribbean countries in March

COVID vaccines to be deployed to Caribbean countries in March Pan American Health Organization (PAHO) Assistant Director Dr. Jarbas Barbosa said the COVAX facility will start deploying COVID-19 vaccines to Caribbean countries in March.  “We cannot provide you with the date and the amount of doses for each country,” Barbosa said during a PAHO press briefing. “We need to make this kind of estimation for 190 countries that are a part of COVAX. But, the deployment of the vaccines through COVAX will be made [with] equitable access. “So, we’ll be deploying these vaccines to the countries in the Caribbean in March. We have an initiative that’s called the first wave initiative that will provide a very limited amount of the vaccine in February to some countries. This is kind of a pilot project in these countries.”

AstraZeneca Contract Belies EU Claim on UK-Made COVID-19 Vaccines

AstraZeneca Contract Belies EU Claim on UK-Made COVID-19 Vaccines © REUTERS / DINUKA LIYANAWATTE Subscribe Sputnik International https://sputniknews.com/europe/202101291081920329-astrazeneca-contract-belies-eu-claim-on-uk-made-covid-19-vaccines/ Top EU body the European Commission has demanded that AstraZeneca divert supplies produced at its British facilities to honour a 100-million-dose order of coronavirus vaccines before resuming deliveries to the UK, whose inoculation programme is miles ahead of Europe s. The European Union s demand for AstraZenenca to divert COVID-19 jabs from the UK to the bloc is on shaky ground following the release of the contract. The redacted text of the Anglo-Swedish drug company s deal with the European Commission, published on Friday, shows a key clause absolves the firm from responsibility for late deliveries as a result of honouring prior orders such as its one with the UK government.

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